sgx nifty bullish cypheronce it goes above trendline and after retesting trendlne it will move towards range 18235-18264, our nifty will move accordingly also
SGX
SGX Nifty - Rebounding from 50MA clusterSGX Nifty seems to be rebounding from the 50 moving average cluster on the daily time frame. As you may already know that 50MA/EMA plays an important role on the daily time frame. Another factor is that RSI is also curving upwards from 45 level, which is particularly a good sign.
With SPX(US index) recovering over 2.5% since yesterday, and SGX getting support from the 50 MA cluster, the likelihood of Nifty recovering is pretty good at the moment. But SPX must close somewhere near today's high to trigger the recovery of Nifty.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX Nifty - Megaphone Pattern / Broadening FormationA broadening formation is a price pattern characterized by increasing price volatility and diagrammed as two diverging trend lines, one rising and one falling. Since we have been facing some volatility lately, the pattern seems to be developing. Also, the price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that there will be a good fight between 15650-15750 levels.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX Nifty- Fighting to save 200 EMA If you trade using moving averages, MA, or EMA, you may want to look at the 4hr chart of SGX Nifty. It already broke down the 200EMA. The price may try to recover this level ~15700. If it fails, we are probably going to slide to lower levels. The price is now trading below July month open, which puts the net longs above 15746 in the loss. This means that there will be a good fight between 15650-15750 levels.
We can witness some volatile days ahead. Trade only if you understand what you are doing.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX Nifty at a critical level
There is a global sell-off. All the markets are down, be it SPX, FTSE, DAX, etc. SGX Nifty is also tanking heavily.
SGX Nifty may reverse or at least show some bounce from this Green box or from the next support level.
The RSI is in oversold territory and there is a divergence on 4hr.
I think this is a shakeout move before moving back up.
Take positions only if you understand what you are doing, else you are going to wind up with heavy losses.
Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
SGX NiftySGX Nifty - It's a self explanatory chart. Can see inverted HnS pattern formed. View is bullish once the neckline breakout is confirmed. Possible target and resistance are also marked on the chart.
SGX nifty May 1st weekFailure to break 14900-15000 the price has again came within bearish range that is followed from March month., Breaking the friday low may start a bearish trend in nifty.
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Always keep a stop loss to rescue you out of troubles and trail the stop loss as the price rises.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
SGX nifty daily chart 26 AprilEven close below 14200 happened next day it rebound, it is now creating an another range in the bearish side. A convincing break is required for a trend.
Above 14500 things can get bullish till that time its bearish.
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
NIFTY50 on 15mins chartLONG SCENERIO - Nifty50 has been trading in a very crucial level. The gap up from 2nd of Feb (Budget day)has being acting as very crucial support & seems to be like big players spot. Well we wanted to know if NIFTY has a momentum while giving reversal from support & we plotted a divergence that has occurred near support area.
Note while doing analysis, we also had a look at SGX NIFTY & it’s trading at +1.13% (+161points).
This also gives us a signal that NIFTY50 can open GAP UP.
SGX Nifty & NIfty 50 Pre open ON 12-03-2021SGX Nifty and Nifty 50
The very simple manner just follow the charts and notes that i mentioned in the following NIfty and SGX nifty
SGX NIFTY Trend Line BreakoutSGX NIFTY showing Trend line breakout and try to make new high.
The peak of 15433 is likely to tested.
Along with the current trend line
breakout if another breakout above
the peak is witnessed then expect
a rally to 1552(61.8%) Fib Project
,100% 16238 and 17374 (161.8%) 17347.
Support will be at 15134-15130.
Overall need to remain above 15100.
SGX NIFTYSGX NIFTY
Resistance comes from 61.8% 15122 and from 15151.
If sustains above 15151 then expect a rise to next supply zone-15247-15433.
Finally if breakout above 15433 does happen then rally towards 15903(1.618)
Support gap 14870-14806 and the swing bottom low of 14639 will be key support form here on.
The pink line can be critical.
Black line can forecasted line which will be valid as long as pink line is not violated.
SGX NIFTY for 090221SGX NIFTY
SGX NIFTY needs to sustain above the black line.
Alternatively, a fall and close below 14926
can lead to a swing top .
In that case the slide can be back to
13588 or below.
Trend is up therefore the bias
is up.
Expect to hold the black trendline.
Potentially look for rise till
1.618% retracement of the fall from 14769 to 13578.
THe level is 15506.
Nifty trend linesPs: Am just learning not a pro If you are good at analysing charts correct my mistake.
I will appreciate that :)
ALL CHARTS OF INDEXES SPEAKING OF UP SIDE MOVE ON 26-5-20 SGX 1. In this chart I circled price behavior in green at all levels provided few days back give the correct information of frequent entry and exit . If anybody has the knowledge of how much any move whether with trend or counter trend will travel in correct direction can perfectly work in intraday trades with the help of given support and resistance in this range bound market.
2. See I made pink box for sgx movement that is expected to travel at this point in coming session on 25-5-20. When sgx will travel to this distance ,obviously nifty will also travel on 26-4-20 same. So my feeling is for long side. I every time say there is nothing sure in trading this is the game of high probability set up . I found this comfortable so sharing my views. I can be wrong any day any time. But like to maintain my strike rate. Rest market will decide.
YOGESH VATS
